Re: [CR]Re: Insuring bikes

(Example: Events:Cirque du Cyclisme)

Date: Sun, 4 Apr 2004 18:06:16 -0700 (PDT)
From: "r cielec" <teaat4p@yahoo.com>
Subject: Re: [CR]Re: Insuring bikes
To: Richard M Sachs <richardsachs@juno.com>, classicrendezvous@bikelist.org
In-Reply-To: <20040404.173645.200.23.richardsachs@juno.com>


I truly don't know what I'd take on the spot because I don't know have a good feel for the cost of replacement other than that general either impossible or a lot. For example: from time to time, I've placed legit wanted to buy queries for specific bicycles to the List with no responses - that gives me an idea they're difficult or impossible to find. How does one value what can't be replace? Also, how should I value the bike? Example, my 73 International. 1) Compleat bike maybe $250 - $350 ? 2) Price out each component in the BOM for perhaps $450 - $550? 3) Describe it as a design spec. for a new build from a "Keeper" builder for $ several thousand?

I was hoping to learn from this Insurance topic.

Though, from the responses from Listers, it seems that the best "insurance" may not be a bona fide policy but a savings plan.

Richard Cielec Chicago, Illlinois

Richard M Sachs <richardsachs@juno.com> wrote: i mentioned assessing them for the least amount that you'd accept if you were to take a check on the spot - not in so many words - but that was my pov. why don't you list your bicycles(s) and we'll tell you want to assess them for? e-RICHIEĀ™ Richard Sachs Cycles No.9, North Main Street Chester, CT 06412 USA Tel. 860.526.2059 site: http://www.richardsachs.com pics: http://photos.yahoo.com/bobbesrs rants: http://richardsachs.blogspot.com/

snipped from post: r cielec writes: Comments from the list have not been as I had hoped; that is, from real experience with tips for do's and don'ts, how to assess value, recommendations of insurers, etc... Apparently, I tapped untasted waters. _______________________________________________

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